Removal of the Collateral. Except in the ordinary course of Grantor’s business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender’s prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of Delaware, without Lender’s prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.
Appears in 2 contracts
Samples: Commercial Security Agreement (LiveXLive Media, Inc.), Commercial Security Agreement (Nanophase Technologies Corporation)
Removal of the Collateral. Except in the ordinary course of Grantor’s Xxxxxxx's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender’s 's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of Delaware, without Lender’s Xxxxxx's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.
Appears in 2 contracts
Samples: Security Agreement (Better Choice Co Inc.), Loan Agreement (Craftmade International Inc)
Removal of the Collateral. Except in the ordinary course of Grantor’s 's business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender’s 's prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of Delaware, without Lender’s 's prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.
Appears in 1 contract
Samples: Security Agreement (International Remote Imaging Systems Inc /De/)
Removal of the Collateral. Except in the ordinary course of Grantor’s business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender’s prior written consent. To the extent that the Collateral consists of vehicles, vehicles or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of Delaware, without LenderXxxxxx’s prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.
Appears in 1 contract
Samples: Security Agreement
Removal of the Collateral. Except in the ordinary course of Grantor’s business, including the sales of inventoryInventory, Grantor shall not remove the Collateral from its existing location without Lender’s prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of Delaware, without LenderXxxxxx’s prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.
Appears in 1 contract
Samples: Security Agreement (Natrol Inc)
Removal of the Collateral. Except in the ordinary course of Grantor’s business, including the sales of inventory, Grantor shall not remove the Collateral from its existing location without Lender’s prior written consent. To the extent that the Collateral consists of vehicles, or other titled property, Grantor shall not take or permit any action which would require application for certificates of title for the vehicles outside the State of Delaware, without LenderXxxxxx’s prior written consent. Grantor shall, whenever requested, advise Lender of the exact location of the Collateral.
Appears in 1 contract
